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Wynn Macau (Wynn Macau) Days Inventory : 6.17 (As of Dec. 2023)


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What is Wynn Macau Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Wynn Macau's Average Total Inventories for the six months ended in Dec. 2023 was $35 Mil. Wynn Macau's Cost of Goods Sold for the six months ended in Dec. 2023 was $1,036 Mil. Hence, Wynn Macau's Days Inventory for the six months ended in Dec. 2023 was 6.17.

The historical rank and industry rank for Wynn Macau's Days Inventory or its related term are showing as below:

WYNMF' s Days Inventory Range Over the Past 10 Years
Min: 3.7   Med: 5.87   Max: 16.85
Current: 6.8

During the past 13 years, Wynn Macau's highest Days Inventory was 16.85. The lowest was 3.70. And the median was 5.87.

WYNMF's Days Inventory is ranked better than
76.01% of 667 companies
in the Travel & Leisure industry
Industry Median: 36.02 vs WYNMF: 6.80

Wynn Macau's Days Inventory declined from Dec. 2022 (17.63) to Dec. 2023 (6.17).

Inventory Turnover measures how fast the company turns over its inventory within a year. Wynn Macau's Inventory Turnover for the six months ended in Dec. 2023 was 29.56.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Wynn Macau's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.02.


Wynn Macau Days Inventory Historical Data

The historical data trend for Wynn Macau's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Wynn Macau Days Inventory Chart

Wynn Macau Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.30 14.54 11.51 16.84 6.99

Wynn Macau Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.01 15.64 17.63 7.37 6.17

Competitive Comparison of Wynn Macau's Days Inventory

For the Resorts & Casinos subindustry, Wynn Macau's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Wynn Macau's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Wynn Macau's Days Inventory distribution charts can be found below:

* The bar in red indicates where Wynn Macau's Days Inventory falls into.



Wynn Macau Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Wynn Macau's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (36.007 + 36.645) / 2 ) / 1897.957*365
=36.326 / 1897.957*365
=6.99

Wynn Macau's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (33.436 + 36.645) / 2 ) / 1035.635*365 / 2
=35.0405 / 1035.635*365 / 2
=6.17

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Wynn Macau  (OTCPK:WYNMF) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Wynn Macau's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Wynn Macau's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Wynn Macau Days Inventory Related Terms

Thank you for viewing the detailed overview of Wynn Macau's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Wynn Macau (Wynn Macau) Business Description

Traded in Other Exchanges
Address
Avenida da Nave Desportiva, Wynn Palace, Cotai, MAC
Wynn Macau operates integrated casino resorts in Macao, including Wynn Macau on the peninsula and Wynn Palace in Cotai. These properties feature with high-end hotels and brand-name stores, making Wynn a high-end iconic brand. Wynn Resorts has a 72% stake in Wynn Macau.

Wynn Macau (Wynn Macau) Headlines

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